Report Update Nov 1, 2024

Belarus - Diazo-, Azo- or Azoxy-Compounds - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Azo- Or Azoxy-Compounds Market 2024

Azo- Or Azoxy-Compounds Market Size in Belarus

The Belarusian azo- or azoxy-compounds market reduced to $X in 2022, with a decrease of -10.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, posted a remarkable increase. Over the period under review, the market hit record highs at $X in 2021, and then dropped in the following year.

Azo- Or Azoxy-Compounds Exports

Exports from Belarus

After two years of decline, overseas shipments of diazo-, azo- or azoxy-compounds increased by 84% to X tons in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 11,689%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, azo- or azoxy-compounds exports soared to $X in 2022. Overall, exports continue to indicate a strong increase. The growth pace was the most rapid in 2018 when exports increased by 12,233%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for azo- or azoxy-compounds exports from Belarus, accounting for a 100% share of total exports. It was followed by Uzbekistan (X kg), with a 0.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia totaled +38.2%.

In value terms, Russia ($X) remains the key foreign market for diazo-, azo- or azoxy-compounds exports from Belarus, comprising 91% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a 9.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia totaled +7.9%.

Export Prices by Country

In 2022, the average azo- or azoxy-compounds export price amounted to $X per ton, reducing by -14.7% against the previous year. In general, the export price faced a precipitous slump. The most prominent rate of growth was recorded in 2016 an increase of 61% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while the average price for exports to Russia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+1,506.8%).

Azo- Or Azoxy-Compounds Imports

Imports into Belarus

In 2022, approx. X tons of diazo-, azo- or azoxy-compounds were imported into Belarus; falling by -10.9% against 2021. In general, imports, however, recorded a strong expansion. The pace of growth was the most pronounced in 2019 with an increase of 84%. Over the period under review, imports reached the maximum at X tons in 2021, and then shrank in the following year.

In value terms, azo- or azoxy-compounds imports dropped to $X in 2022. Over the period under review, imports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2019 when imports increased by 83%. Imports peaked at $X in 2021, and then shrank in the following year.

Imports by Country

Russia (X tons), China (X tons) and Latvia (X tons) were the main suppliers of azo- or azoxy-compounds imports to Belarus, with a combined 87% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +23.5%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest azo- or azoxy-compounds suppliers to Belarus were Russia ($X), Latvia ($X) and China ($X), with a combined 70% share of total imports.

Among the main suppliers, Russia, with a CAGR of +16.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average azo- or azoxy-compounds import price stood at $X per ton in 2022, surging by 2.3% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 8.9% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Latvia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+7.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for diazo-, azo- or azoxy-compounds in the world?

China remains the largest azo- or azoxy-compounds consuming country worldwide, comprising approx. 22% of total volume. Moreover, azo- or azoxy-compounds consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 6% share.

What are the largest producers of diazo-, azo- or azoxy-compounds in the world?

The country with the largest volume of azo- or azoxy-compounds production was China, accounting for 58% of total volume. Moreover, azo- or azoxy-compounds production in China exceeded the figures recorded by the second-largest producer, Indonesia, sixfold. The third position in this ranking was occupied by India, with a 9.5% share.

What are the leading suppliers of diazo-, azo- or azoxy-compounds to Belarus?

In value terms, Russia constituted the largest supplier of azo- or azoxy-compounds to Belarus, comprising 54% of total imports. The second position in the ranking was occupied by China, with a 21% share of total imports.

What are the leading importers of diazo-, azo- or azoxy-compounds from Belarus?

In value terms, Russia remains the key foreign market for azo- or azoxy-compounds exports from Belarus.

What is the average export price for diazo-, azo- or azoxy-compounds in Belarus?

The average azo- or azoxy-compounds export price stood at $2,685 per ton in 2021, flattening at the previous year.

What is the average import price for diazo-, azo- or azoxy-compounds in Belarus?

The average azo- or azoxy-compounds import price stood at $8,995 per ton in 2021, picking up by 7.6% against the previous year.

This report provides an in-depth analysis of the azo- or azoxy-compounds market in Belarus. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20144420 - Diazo-, azo- or azoxy-compounds

Country coverage:

Belarus

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belarus
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023